Building an International Trademark Portfolio for FXDD
In 2013, Kolisch Hartwell provided our client FXDirectDealer, LLC (“FXDD”) with a complimentary trademark audit. FXDD is a foreign exchange trading company headquartered in Malta and providing trading solutions to individual and institutional traders, hedge funds, money managers, white labels, and introducing brokers in many countries around the world. We had previously successfully defended FXDD in a patent infringement lawsuit brought in the District of Oregon, but had not been involved in the company’s other IP work.
Our trademark audit revealed that despite FXDD’s widespread international use of several distinct trademarks, the company owned just three U.S. trademark registrations and a small number of foreign registrations. As a result, the company enlisted our firm to help develop and expand its trademark rights. In less than three years, using our extensive knowledge of USPTO and international treaty procedures, and with assistance from our network of trusted colleagues around the world, we were able to expand FXDD’s trademark portfolio to include over 250 trademark registrations in more than 50 countries. This includes 16 U.S. federal trademark registrations, with several more intent-to-use trademarks allowed. This portfolio development has greatly enhanced the value of the company’s trademark rights, while providing powerful tools to deter and prevent counterfeit services from competing with the company’s legitimate financial trading services around the world.
Although FXDD has its global headquarters in Malta and its U.S. offices in New York City, the company chooses Kolisch Hartwell to develop and manage its intellectual property. As a result of our size and location based in Portland, Oregon, our rates are typically less than those of large IP firms based in New York and other major cities, while we offer a degree of responsiveness and personalized partner-level service that only a smaller firm can provide. Read more about how firm size and location affects IP billing rates.